150+ currencies. One contract.
Charge in the currency your customer sees on the price tag and receive the money in the one you run your books in. Target processes payments in more than 150 currencies, settles in 25 of them and converts the rest at the mid-market rate plus a fixed 0.5% — under a single agreement, through a single integration, with every rate visible in your dashboard before it is applied.
Multi-currency processing
Your customers pay in the currency they know. A shopper in Warsaw sees złoty, a client in Dubai sees dirhams, a subscriber in Tokyo sees yen — and each of them pays with a card issued at home, with no surprise on the statement a week later. Behind the checkout, Target routes the transaction to the acquirer that handles that currency best, clears it through one of our 15+ partner banks and settles the proceeds to you in the currency you have chosen. You sign one agreement and integrate once; the number of currencies you sell in is a setting, not a project.
Charge in the customer's currency
Price and charge in any of 150+ currencies — the majors, the European minors and the rarer ones such as NOK, THB or MAD. A charge in the cardholder's own currency is approved more often, the issuing bank adds no conversion fee of its own, and the amount on the statement matches the amount on your receipt.
Settle in 25 currencies
Receive funds in EUR, USD, GBP, CHF, PLN, CZK, AED and eighteen more — to an IBAN, a card or an e-wallet. Each merchant account has its own settlement currency, so a Dutch and a British entity can settle euros to Amsterdam and pounds to London under one contract. Start settles in EUR, USD or GBP; Business and Enterprise choose from all 25.
Like-for-like settlement
Sell in dollars, get paid in dollars. When the processing currency matches one of our settlement currencies, we settle without converting at all — no mark-up, no rate risk, only the transaction fee. Most merchants on Target never see a conversion line unless they choose to.
Two fields in the API
The currency the customer pays in and the currency you receive are separate parameters on every payment request. Leave the second one out and the account default applies; set it and Target handles the conversion, the rate lock and the reporting.
bash# Charge ¥12,900, receive euros curl -X POST https://api.target.co.uk/v1/payments \ -H "Authorization: Bearer sk_live_…" \ -d amount=12900 \ -d currency=JPY \ -d settlement_currency=EUR \ -d capture=true
Flexible currency conversion
When the currency your customer pays in is not the one you want to receive, Target converts it — at a rate you can check before you sign, with one fee that never changes. There is no retail spread hidden inside the rate, no different mark-up for “exotic” pairs and no separate price list per plan. The four rules below are the whole policy.
Mid-market rate
We take the interbank mid-market rate from our liquidity providers — the midpoint between buy and sell, the same figure you see on Reuters or Bloomberg. It is the reference for every conversion, on every plan.
Fixed 0.5% mark-up
One fee on top of the mid-market rate: 0.5% of the converted amount, the same for every pair and every volume. It is shown as its own line in each settlement report, so your accountant can reconcile it without a calculator.
Daily rate lock
Rates are locked once a day at 00:00 UTC and hold for 24 hours. Everything captured in that window converts at the locked rate, and refunds use the rate of the original payment — you return exactly what you received.
DCC at checkout
Optionally let cardholders with a foreign card choose to pay in their card's currency instead of yours. The rate and the mark-up are displayed on the payment page before they confirm, exactly as the card schemes require.
Swipe the table sideways to see the amount you receive.
| Pair | Customer pays | Mid-market rate | Mark-up (0.5%) | You receive |
|---|---|---|---|---|
| EUR → USD | €1,000.00 | 1.0850 | $5.42 | $1,079.58 |
| GBP → EUR | £1,000.00 | 1.1720 | €5.86 | €1,166.14 |
| EUR → PLN | €1,000.00 | 4.2850 | PLN 21.42 | PLN 4,263.58 |
| USD → AED | $1,000.00 | 3.6725 | AED 18.36 | AED 3,654.14 |
Indicative mid-market rates at 00:00 UTC on 1 September 2026, before the transaction fee for your plan. “You receive” is the converted amount less the 0.5% mark-up; the transaction fee is charged separately and shown on the same settlement line. Today's locked rates for every pair are listed in the dashboard under Settlements → Rates.
Cross-border,no friction
One agreement, one integration, one dashboard. Your customers pay in the currency they know; you receive funds in the currency you run your business in — and the difference is a single, predictable line.
Settlement currencies
Each merchant account settles in a currency you choose from the 25 below — EUR, USD or GBP on the Start plan, any of the 25 on Business and Enterprise — and you can change it from the dashboard whenever your treasury needs change. Payouts in the same currency you charged in are never converted; everything else is converted once, at the locked daily rate, and shown as a separate line. Need a currency that is not on the list? Tell your manager — we add settlement currencies as our partner banks open them.
- Schedule
- Daily, weekly or monthly — set per merchant account in the dashboard, changed at any time.
- Timing
- T+1 business day for EUR, USD and GBP; T+2 for the other 22 settlement currencies.
- Destination
- Your IBAN, a corporate card or an e-wallet. Several destinations per account if you split funds between entities.
- Minimum payout
- €100 or the equivalent in the settlement currency; smaller balances roll into the next payout.
- Payout fee
- From €0.25 per payout, regardless of currency. No fee for like-for-like settlement; 0.5% mark-up where a conversion applies.
- Reporting
- Every settlement lists the processing currency, the settlement currency, the rate applied, the mark-up and the transaction fee — exportable as CSV or via the API.
Who multi-currency is for
Multi-currency is included on every Target plan, but four kinds of business use it every day. If you sell to customers in more than one country, one of them is probably yours.
Marketplaces
Sellers in twenty countries, buyers in fifty. Charge each buyer in local currency, keep the proceeds per seller and pay every seller out in the currency of their choice through mass payouts — while your platform commission settles to your own account in euros.
Marketplace solutionsTravel
Airfare priced in USD, hotels in EUR, excursions in THB. Take the booking in the traveller's currency and settle in the supplier's. Like-for-like settlement keeps your dollar bookings in dollars, and DCC at checkout suits guests who want a known figure on their card.
Travel solutionsSaaS
Show a local price on every plan page — €29, £25, 119 zł — and bill it monthly in that currency with recurring payments. Each renewal converts at the day's locked rate, and the separate 0.5% line makes reporting MRR per market a filter, not a spreadsheet.
SaaS solutionsDigital goods
Games, media, licences and in-app purchases sold in 100+ countries: small tickets, high volume, thin margins. Local-currency charges raise approval rates where it matters most, and settlement in USD or EUR keeps the finance team on one ledger.
Digital goods solutionsFrequently asked questions
Any of the 150+ currencies we process — every currency in which Visa and Mastercard issue cards, plus the local schemes and wallets we connect. Pass the ISO 4217 code in the currency field and the amount in minor units; the hosted payment page shows the right symbol and formatting automatically, and the customer's issuer sees a domestic-currency transaction.
No. If you charge in one of our 25 settlement currencies and settle in the same one, nothing is converted and no mark-up applies. Conversion happens only when the processing currency and the settlement currency differ — and you decide which currency each merchant account settles in, so a business with several entities can avoid conversion on all of them.
Rates are locked at 00:00 UTC and hold for 24 hours; a transaction converts at the rate in force when it is captured, not when it is authorised. Refunds and chargebacks are processed at the rate of the original payment, so you return exactly what you received — no second conversion and no second mark-up. The locked rate for every pair is published in the dashboard and available through the API.
DCC lets a cardholder paying with a foreign card choose to see and pay the amount in their card's own currency, with the rate and the mark-up displayed before they confirm. It is optional, off by default and controlled per merchant account. It suits hotels, car hire and travel, where guests like a known figure on their statement. For most online retail we recommend pricing in local currency instead — it converts better and the customer never has to choose.